Dowload here the BeBeez Private Equity Report 2024 and 1H25 report.
Save the date! BeBeez and Di Luccia & Partners Private Capital Gala and Private Equity Backed Managers Awards will take place on 27 November, Tuesday, at Superstudio Più – Via Tortona, 27, Milan. Our readers can vote for the best managers of Italian portfolio companies of private equity funds ahead of the event. BeBeez Private Data’s provided the candidates shortlist. Click here for taking part in the survey Download here the slides presentation, the events programme and the information for attending
Sources said to BeBeez that Nactarome Group, an Italian food company of which TA Associates acquired the majority in 2021 on the ground of an above 500 million euros enterprise value, acquired French competitor Plantex from Mérieux Equity Partners (MEP) that will keep a minority (see here a previous post by BeBeez). Luigi Del Monaco is the ceo of Nactarome which received assistance from BNP Paribas, Latham & Watkins and EY. MEP acquired Plantex in 2021 with the support of a mezzanine debt facility of Cerea Partners. Eric Panijel is the target’s ceo. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors TA Associate and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
Nyse-listed buyout giant KKR and the Italian Ministry of Treasury will discuss in Bruxelles their issues about Fibercop, a joint venture that Milan-listed TIM previously signed with the private equity fund (see here a previous post by BeBeez). Massimo Sarmi is the ceo of Fibercop which filed with the European Antitrust Authority an appeal as Open Fiber, the company direct competitor of Cdp Equity (60%) and Macquarie, received State aids worth a total of 4.5 billion euros. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Fibercop and its investors. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
On 21 October, Tuesday, Milan-listed private equity and PIPE Smart Capital, said it sold to HIG Capital its stake in Milan-listed Advanced Logistics for Aerospace (ALA) (see here a previous post by BeBeez). Andrea Costantini and Andrea Faraggiana are the chairman and coo of Smart Capital which retained Alantra and fetched 14.8 million euros or a 2.7X cash multiple out of such a sale. HIG is reportedly launching a delisting offer on ALA on the ground of an enterprise value in the region of 380 million or above 10X ebitda. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Smart Capital, HIG Capital, Aliante Partners and their portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
Adler Ortho, an Italia manufacturer of orthopaedic prostheses and devices of which the Cremascoli has 49%, sold a 46% to Andera Partners which replaced Space Holding (see here a previous post by BeBeez). The buyer retained Fineurop Soditic, Avicenne Medical, Alira Health, PwC, ERM, Marsh, and ADVANT Nctm. Adler Ortho and Space Holding received assistance from UBS, BDO, BonelliErede, and Bird & Bird. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Andera Partners and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
French alternative energy producer ZE Energy, a portfolio company of Amundi, Demeter, Marguerite, HTGF, and ZE WAY Invest, signed for the acquisition of Solar Challenge 4, the owner of a ready-to-operate 100 MW BESS project, from Renew-Co Engineering (see here a previous post by BeBeez). Green Horse advised the vendor. DWF assisted ZE Energy.
Finlogic, an Italian smart labels producer that since 2023 belongs to Credem Private Equity, Aurora Growth Capital (fka NB Aurora) and PM&Partners, said it acquired Giemme (see here a previous post by BeBeez). Dino Natale is the ceo of Finlogic which retained Gatti Pavesi Bianchi Ludovici, EpyonVivida and Russo De Rosa Associati. Mauro Montanari is the chairman and ceo of Giemme. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Finlogic, Credem Private Equity, Aurora Growth Capital, PM&Partners, and their portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
Renaissance Partners signed a binding agreement for acquiring Lodestar, a platform for digital transition based on Microsoft solutions, from Bravo Capital Partners (BCP) which acquired the asset in 2022 (see here a previous post by BeBeez). Fabio Luinetti, ceo, and the other manager will keep their role and reinvest in Lodestar. The vendors retained Mediobanca, BonelliErede, Kearney, Deloitte, and Russo De Rosa Associati. Renaissance Partners hired Deloitte, Kearney, Vitale, Gatti Pavesi Bianchi Ludovici, New Deal Advisors, CHREA, Studio RST, and EY. Ardian Private Credit financed the transaction. Giovanni Camisassi is a partner of Renaissance. Corrado Di Gaspare is a partner. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Renaissance Partners, Bravo Capital Partners and their portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
Milan-listed IT company Digital Value (DV) attracted the take private interest of One Equity Partners (OEP) that may buy a controlling stake from 59% owner and ceo Massimo Rossi (see here a previous post by BeBeez). Milan-listed Sesa paid 4 million euros for a 6.6% of DV in 2018 and may now fetch 11 million out of a sale. One Equity Partners is receiving assistance from Equita and A&O Shearman and aims to pay for the deal 29 euros per share cum dividendo for a total of 300 million. DV retained DGPA & Co and BonelliErede. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors One Equity Partners and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
Sources said to BeBeez that French Bouvard acquired 25% of Lago Group, an Italian sweets producer of which it already had 75%, from the eponymous family (see here a previous post by BeBeez). Pasquale Zumbo will keep his ceo role for Lago and Bouvard’s Italian activities. LCA Studio Legale assisted the buyers while the Lago Family retained Fieldfisher Italy.
TeamSystem, an Italian B2B tech company that belongs to Hellmann&Friedmann, Silver Lake Partners, ADIA, and CapitalG, acquired Normo.ai (see here a previous post by BeBeez). TeamSystem retained KPMG and LCA while Normo.ai received assistance from Advant Nctm. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Hellmann&Friedmann, Silverlake, ADIA e CapitalG and their portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
Sources said to BeBeez that Cantiere delle Marche, an Italian producer of luxury explorer yachts, sold a majority stake to the Loro Piana Family and Carisma which acquired a 30% in 2024, and Germany’s FIL Bros Equity Partner (see here a previous post by BeBeez). Ennio Cecchini and Vasco Buonpensiere retained Poggi & Associati for selling part of their stakes in Cantiere delle Marche.
Milan-listed Eles Semiconductor Equipment attracted the take-private interest of Xenon Private Equity that aims to invest up to 41 million euros in the deal (see here a previous post by BeBeez). Milan-listed Mare Engineering Group is the main shareholder of Eles and also launched a public offer of 2,25 euros per share and raised 30% of the target with the support of Massimiliano Bellucci with whom it signed a shareholders’ agreement. BeBeez Private Data, the private capital database of BeBeez and FSI, monitors Xenon Private Equity and its portfolio companies. Find out here how to subscribe for one month or one year or Click here for booking a demo videocall with BeBeez database manager.
Milan-listed IT company Spindox attracted the take-private interest of Progressio, Fondo Italiano di Investimento (FII) and BNP Paribas BNL Equity Investments which purchased 74.12% of the target for 57.8 million euros (see here a previous post by BeBeez). Sources said to BeBeez that Progressio has the majority of the bidding vehicles. Crédit Agricole Italia, BNL BNP Paribas, BNP Paribas Asset Management Europe and Muzinich&Co will finance the transaction. Paolo Costa (chairman emeritus, 10.64% owner) Mauro Marengo (CEO, 8.04%) and Massimo Pellei (co-CEO, 5.67%) will keep their executive roles and invested in the deal. Barbara Cominelli will act as executive chairman whill Gionata Tedeschi and Valter Conca will be Spindox non-executive directors. Progressio retained Bonelli Erede e Gatti, Pavesi, Bianchi, Ludovici, EY Parthenon, BCG, Russo De Rosa Associati, EY, AON, GC & Partners, amd Vitale & Co. FII and BNP Paribas Equity appointed LMS and Gianni & Origoni. Spindox hired Klecha & Co, PedersoliGattai, Palmer, EY Parthenon, and EY. Dentons advised the lenders. Filippo Gaggini is a managing partner of Progressio.
Germany’s defence company Mehler Vario System (MVS) acquired 80% of Italian SXP Stilmotor a producer of riot protection equipments for police forces, from Alessio Ricciardi who kept a 20% of the business (see here a previous post by BeBeez). Cartwright Pescatore acted as deal advisor. The target will rebrand as Mehler Protection Italia. Mario Amschlinger is the ceo of MVS.
The Club Dealers, a vehicle that Enrico Ricotta and Carlo Mammola launched, acquired a minority of Granda Manufacturing Group (GMG) from the Cussino Family (see here a previous post by BeBeez). The vendors retained CFI Italy, Studio Riccardi Salom Tedeschi, Studio Legale Curallo, and LMCR. The Club Dealers received assistance from Fortlane Partners, New Deal Advisors and Studio Gatti Pavesi Bianchi Ludovici.
Sources said to BeBeez that Roberto Sambuco, a former senior managing director of Macquarie Capital and partner of Vitale & Co, Giuseppe Donnagemma, the coo of Mech-i-Tronic, will act as ceo and chairman of Origine (fka Innogest Capital) a private equity and venture capital investor with resources worth 500 million euros (see here a previous post by BeBeez). Claudio Giuliano (90%) and Richard Ernest Belluzzo (10%) sold Innogest to Sambuco and other investors. Lorenzo Castelli will head the firm’s venture capital activities.
